Now Is the Time to Buy These Growth Stocks
You would struggle to find two more dissimilar companies than Owens Corning (NYSE: OC) and Dana Incorporated (NYSE: DAN), but it's what they have in common that really counts. Both are mid-cap stocks set to grow earnings at a double-digit rate in the next couple of years. Let's take a closer look at these two growth-stock candidates for your portfolio.
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Owens Corning has had a strong year, and analysts have raised full-year earnings per share (EPS) estimates after each earnings report. For example, going into the first-quarter earnings report, the analyst consensus was for $3.86, only to be increased to $4.01. Fast-forward to second-quarter earnings, and analysts were suitably impressed to raise the consensus to $4.29 -- it now stands at $4.34. Similarly, the 2018 EPS consensus is now up from $4.33 at the start of the year to $5.19 -- no need to get out the calculator; these figures imply nearly 20% EPS growth in 2017 and 2018.
Source: Fool.com
Dana Holding Corp. Stock
Currently there is a rather positive sentiment for Dana Holding Corp. with 4 Buy predictions and 0 Sell predictions.
With a target price of 16 € there is a positive potential of 45.45% for Dana Holding Corp. compared to the current price of 11.0 €.
